African Banking Corporation of Botswana Limited provides various banking products services to individuals, corporates, financial institutions, government entities, and international organizations in Botswana.
Price History & Performance
|Historical stock prices|
|Current Share Price||P1.98|
|52 Week High||P0|
|52 Week Low||P0|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||-1.00%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-1.00%|
Recent News & Updates
|ABC||BW Banks||BW Market|
Return vs Industry: ABC underperformed the BW Banks industry which returned 29.1% over the past year.
Return vs Market: ABC underperformed the BW Market which returned 1.3% over the past year.
Stable Share Price: ABC is less volatile than 75% of BW stocks over the past 3 months, typically moving +/- 0% a week.
Volatility Over Time: ABC's weekly volatility (0%) has been stable over the past year.
About the Company
African Banking Corporation of Botswana Limited provides various banking products services to individuals, corporates, financial institutions, government entities, and international organizations in Botswana. It operates through three segments: Retail Banking, Commercial Banking, and Global Markets. The company offers savings, current, payroll, fixed deposits, business, and call accounts; personal, vehicle, and home loans, as well as overdrafts; and banking and term loans for SMEs, as well as SME asset finance for motor vehicles, heavy vehicles, office equipment, industrial machinery, and aircraft.
African Banking Corporation of Botswana Fundamentals Summary
|ABC fundamental statistics|
Is ABC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ABC income statement (TTM)|
|Cost of Revenue||P1.01m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.13|
|Net Profit Margin||17.27%|
How did ABC perform over the long term?See historical performance and comparison
Is African Banking Corporation of Botswana undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ABC (BWP1.98) is trading above our estimate of fair value (BWP0.19)
Significantly Below Fair Value: ABC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ABC is poor value based on its PE Ratio (15.6x) compared to the African Banks industry average (6.5x).
PE vs Market: ABC is poor value based on its PE Ratio (15.6x) compared to the BW market (10.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ABC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ABC is overvalued based on its PB Ratio (1.2x) compared to the XF Banks industry average (0.9x).
How is African Banking Corporation of Botswana forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as African Banking Corporation of Botswana has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has African Banking Corporation of Botswana performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABC has high quality earnings.
Growing Profit Margin: ABC's current net profit margins (17.3%) are lower than last year (21.3%).
Past Earnings Growth Analysis
Earnings Trend: ABC's earnings have declined by 14.4% per year over the past 5 years.
Accelerating Growth: ABC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ABC had negative earnings growth (-24.4%) over the past year, making it difficult to compare to the Banks industry average (11%).
Return on Equity
High ROE: ABC's Return on Equity (7.5%) is considered low.
How is African Banking Corporation of Botswana's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: ABC's Assets to Equity ratio (7.2x) is low.
Allowance for Bad Loans: ABC has a low allowance for bad loans (72%).
Low Risk Liabilities: 88% of ABC's liabilities are made up of primarily low risk sources of funding.
Loan Level: ABC has an appropriate level of Loans to Assets ratio (76%).
Low Risk Deposits: ABC's Loans to Deposits ratio (101%) is appropriate.
Level of Bad Loans: ABC has a high level of bad loans (5.5%).
What is African Banking Corporation of Botswana current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ABC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ABC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ABC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ABC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ABC is not paying a notable dividend for the BW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ABC's dividend in 3 years as they are not forecast to pay a notable one for the BW market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kgotso Bannalotlhe (42 yo)
Mr. Kgotso Elvis Bannalotlhe serves as Managing Director African Banking Corporation of Botswana Ltd. since August 7, 2017, and serves as Executive Director. He served as of Head of Corporate and Investmen...
Experienced Management: ABC's management team is considered experienced (2.8 years average tenure).
Experienced Board: ABC's board of directors are considered experienced (3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
African Banking Corporation of Botswana Limited's employee growth, exchange listings and data sources
- Name: African Banking Corporation of Botswana Limited
- Ticker: ABC
- Exchange: BSM
- Founded: 1986
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: P1.436b
- Shares outstanding: 725.00m
- Website: https://www.bancabc.co.bw
Number of Employees
- African Banking Corporation of Botswana Limited
- BancABC House
- Plot 62433
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 14:03|
|End of Day Share Price||2021/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.